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WebMD Health (WBMD) Q3 Earnings: Beat Earnings and Revenue Estimates

Madeleine Johnson

WebMD Health Corp (WBMD) is an American web-based company that provides health news, advice, and expertise. It is primarily known for its popular website, which has information regarding health and health care like symptom checklists, pharmacy data, and drug information. WebMD was founded in 1996 and is headquartered in New York City.


Currently, WebMD has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company’s latest earnings report. We have highlighted some of the key statistics from this just announced report below.


WebMD Health:


1. Beat earnings estimates. The company posted $0.32 EPS, surpassing our Zacks Consensus Estimate of $0.28.


2. Beat revenue estimates. The company saw revenue figures of $152.6 million, a year-over-year increase of 6%, beating our estimate of $151 million.


3. Posted Net income of  $13.2 million .


4. CEO David Schlanger noted that "With a significant backlog and positive sales momentum, we are reaffirming our 2015 outlook today. We expect to deliver in the fourth quarter the largest quarter in the Company's history. The environment remains strong and we are well positioned to continue to grow revenue and further strengthen our market leadership."  


5. WBMD was up $0.01, or 0.02%, to $41.30 as of 4:24 PM ET in after hours trading shortly after its earnings report was released.


Here’s a graph looking at WebMD’s quarterly EPS over the past year:


Webmd Health Corporation (WBMD) - Quarterly EPS | FindTheCompany

 

Check back later for our full analysis on WebMD Health’s third quarter earnings report!


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